Acknowledgement of Assignment. Party A hereby acknowledges and consents to Party’s assignment to the Collateral Agent, for the benefit of the Noteholders under the Indenture, of Party B’s rights hereunder, including the right to enforce Party A’s obligations hereunder.
Appears in 4 contracts
Samples: Master Agreement (PHH Corp), Master Agreement (PHH Corp), Master Agreement (PHH Corp)
Acknowledgement of Assignment. Party A hereby acknowledges and consents to Party’s assignment to the Collateral Agent, for the benefit of the Noteholders under the Indenture, of Party B’s rights hereunder, including the right to enforce Party A’s obligations hereunder.. [Signature Page Follows]
Appears in 2 contracts
Samples: Master Agreement (PHH Corp), Master Agreement (PHH Corp)
Acknowledgement of Assignment. Party A hereby acknowledges and consents to Party’s assignment to the Collateral AgentTrustee, for the benefit of the Noteholders secured parties under the Indenture, of Party B’s rights hereunder, including the right to enforce Party A’s obligations hereunder.
Appears in 1 contract
Samples: Master Agreement (Honda Auto Receivables 2008-2 Owner Trust)